Do you know how to make the most of your rideshare work? In addition to comparing your Lyft or Uber car rental costs vs. income, other ways to maximize your profits and experience are available. If you are renting or borrowing a car do your best to choose one with excellent fuel economy. The less gas you use, the more your money is available to go into your pocket. What are some other ways to make the most of your rideshare work?
Keeping simple food, snacks, water and other non-alcoholic beverages in your vehicle for yourself is an important money-saving tip. If you are working long hours you are bound to get hungry and thirsty. The only options truly available for you while working a rideshare job are fast food and takeout orders, both of which are expensive and capable of cutting deeply into your profits.
Research and memorize where all available free bathrooms with free parking are in your route areas.
Paying for parking also cuts into your profits. Surge fares are crucial to understand and make the most of when working a rideshare job. A surge fare is a fare collected at limited peak times during each day. Knowing how to be available for, and avoid surge fares at the right times helps you get more fares each day.
Finally, be certain you are available as often as possible.
Both Uber and Lyft track your availability and begin to reduce fares sent to you the more you reject their offers. Maximizing and avoiding surge fares requires specific skills for short bursts of time at the right moments.
Making sure you are available for the majority of each of your scheduled shifts builds credibility with the company and maximizes your earning potential, however.
Learning how to drive for Uber and make the most of your rideshare work is an acquired skill. The same is true when you work for Lyft. Some drivers report earning over $100,000 a year when working for Uber or Lyft. This is potentially accomplishable for you as well if you follow these tips for maximizing your profits & reducing your expenses when driving for a rideshare company in 2021.